Cathay's Pay
Joined: Jun 2006
Posts: 335
Likes: 0
From: Asia
Easy tiger
Firey:
Easy, texas was just trying to make you think a little, guess it didn't work.
Amazingly enough the U.S.and British poverty line incomes ( 10 000 usd and 16 000 BP) puts you in the top 15-10 %
Think about that too !
Cheers
FG
Easy, texas was just trying to make you think a little, guess it didn't work.
Amazingly enough the U.S.and British poverty line incomes ( 10 000 usd and 16 000 BP) puts you in the top 15-10 %
Think about that too !
Cheers
FG
Joined: May 2003
Posts: 391
Likes: 0
From: 'round here
NC you forgot to mention that, since we're now doing 18 or 20 years as an F/O you will have to buy and take the risk. You can't sit back and rent on F/O pay for an extra 10 years and recoup what you have lost any other way.
And no, between you and the AOA I haven't yet found any F/O's happy to go 20 yrs right seat. You wouldn't happen to know why KA housing now stretches to 25 years while CX stays at 15?
And no, between you and the AOA I haven't yet found any F/O's happy to go 20 yrs right seat. You wouldn't happen to know why KA housing now stretches to 25 years while CX stays at 15?
Joined: Oct 2006
Posts: 651
Likes: 0
From: Hong Kong
EK vs CX
I was bored yesterday so did the calculations of EK career earnings vs CX based on the latest payrises.
First, the assumptions.
I ignored the fact that EK profit share has been bigger than CX 13th month and profit share for the last few years.
I ignored transport costs(how much does it cost you to get to CX and back per month?)
I ignored free utilities in EK
I ignored the non existent inflation of both countries!!!
I ignored tax on housing/education
I assumed you work exactly 84 hours per month in both airlines
I ignored ERP (that is worth up to 7.5% of salary)
I used command after 5 years in EK when maybe 3 is more realistic?
Based on all of that after 10 years you would be 33% ahead in EK, after tax. Not going to comment on which airline or place is better to live in as that is not a quantifiable variable. But paywise, EK is way ahead! After 27 years at CX your pay will be higher(just) than at EK! So those at CX should hang in there and not feel despondent - you never know, we might get 3% again in the next 6-7 years!
First, the assumptions.
I ignored the fact that EK profit share has been bigger than CX 13th month and profit share for the last few years.
I ignored transport costs(how much does it cost you to get to CX and back per month?)
I ignored free utilities in EK
I ignored the non existent inflation of both countries!!!
I ignored tax on housing/education
I assumed you work exactly 84 hours per month in both airlines
I ignored ERP (that is worth up to 7.5% of salary)
I used command after 5 years in EK when maybe 3 is more realistic?
Based on all of that after 10 years you would be 33% ahead in EK, after tax. Not going to comment on which airline or place is better to live in as that is not a quantifiable variable. But paywise, EK is way ahead! After 27 years at CX your pay will be higher(just) than at EK! So those at CX should hang in there and not feel despondent - you never know, we might get 3% again in the next 6-7 years!
